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Showing posts from March, 2024

Eco Mobility files draft papers with SEBI for IPO

The Company, renowned for being the largest and most profitable provider of chauffeur-driven mobility services to corporates in India, based on its revenue from operations and profit after tax for Fiscal 2023 as per a report by F&S, is set to offer Equity Shares with a Face Value of INR 2 each. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/ORxiMV1 via IFTTT

World Accessibility Day: Svayam & ICMR collaborate to conduct training and workshops

Partnering with the Indian Council of Medical Research (ICMR), Svayam is conducting workshops and training sessions based on the RPwD Act 2016. The focus is on assisting over 600 medical practitioners, students, and nurses in understanding and utilising assistive devices while fostering sensitivity towards individuals with reduced mobility. These interactive sessions are being held at prominent medical colleges in Delhi, including AIIMS, Safdarjung VMCC, and Lady Harding. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/ZbM5auO via IFTTT

Panama opens new cruise ship terminal at mouth of canal

The facility in Panama City was built by a consortium led by China Harbor Engineering Company with an investment of more than USD 200 million, according to President Laurentino Cortizo. "The cruise terminal will generate new tourist routes... attracting more visitors to our country," Cortizo said at an opening ceremony. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/Zs9kCc0 via IFTTT

Amex GBT acquires CWT in USD 570 million deal

The acquisition of CTW by Amex GBT is expected to create greater capacity for investment in software and services, deliver significant shareholder value through synergy opportunities and efficiency gains, with approximately USD 155 million of annual run-rate synergies identified within three years, and provide CWT customers with enhanced choice and value. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/ZdQ2cl4 via IFTTT

MICEverse announces strategic partnership with ELIVASS to promote luxury villa vacations across India

Hemant Mediratta, Chief Empowerment Officer of MICEverse, explained the partnership's rationale, stating, "We understand the growing demand for luxury rentals, where travelers seek immersive experiences. ELIVAAS shares our commitment to top-tier accommodations and personalized service. Together, we aim to cater to the evolving needs of luxury travelers, blending sophistication and relaxation to offer unparalleled comfort and memorable experiences." from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/Sj04CuR via IFTTT

FCM Meetings & Events launches global venue finder platform

This platform revolutionides the booking process for meetings and group hotel accommodations within the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry, offering a world-class booking experience. The platform also emphasises sustainability solutions through efficient contracting and cost controls, aligning with the growing demand for eco-friendly practices in the travel sector. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/kPwOslt via IFTTT

MeraDoc, MakeMyTrip partner to offer real-time medical services across India

Set up in 2021 by Sudhir Mathur, ex-CEO of Cairn India and former CFO of Idea Cellular; Eshaan Singh, a serial entrepreneur & Duke Fuqua MBA, and Adit Mathur, renowened physician, hospital administrator and an IIM-C alumni, MeraDoc says it is building demoractised healthcare solutions for a billion Indians, with a family physician centred practice at its core. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/COpcrqN via IFTTT

Imagicaa to invest INR 130 cr to set up new destination at Sabarmati riverfront

The park will be set up across 11 acres of land which will be on lease from Sabarmati Riverfront Development Corporation Ltd (SRFDCL) for 30 years. The offerings include multiple indoor and outdoor attractions, apart from food and beverages offerings, the company said. "The location is expected to commence operations in two years from ground-breaking and all requisite approvals," it added. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/dVAnrBS via IFTTT

Kavya Himalayas taps Indian market in a bid to promote wellness tourism

Discussing the property's luxury quotient, Golcha underscored the emphasis on space and discreteness. Kavya Himalayas boasts a range of accommodations, from suites to one-bedroom and two-bedroom villas, designed to offer guests the utmost privacy and comfort. Golcha elaborated on the property's meticulously crafted common areas, characterised by personalised service and intimate settings, fostering a sense of exclusivity and relaxation. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/RuGDA0y via IFTTT

Co-working spaces for visitors soon on Goa beaches

Goa plans to introduce co-working spaces on Morjim and Ashwem beaches, aiming to attract European and high-spending tourists for an all-around experience beyond the beaches. The state government aims to offer nomad visas, inviting people to work and enjoy the beaches. The tourism department focuses on regenerative tourism, involving locals, culture, cuisine, festivals, temples, and churches. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/aV26T7X via IFTTT

OMRAN Group & Santani Resorts forge alliance to elevate Oman's wellness tourism

The collaboration aims to bolster Oman's position as a leading destination for sustainable tourism while supporting the objectives outlined in the Oman Vision 2040 initiative, which emphasises economic diversification and sustainable development. The collaboration is also poised to yield substantial economic benefits, including job creation, while serving as a blueprint for sustainable development and wellness tourism initiatives in Oman and beyond. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/DeyrBNZ via IFTTT

Eco Mobility extends corporate car rental services to 10 new cities

The expansion initiative aligns with Eco Mobility's overarching strategy to extend its geographical footprint and enhance accessibility to its premium car rental solutions. By the end of the fiscal year 2025, the company aims to extend its services to 125 cities nationwide, building upon its existing presence in over 100 cities from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/B3ZKLvx via IFTTT

Business travel expenditure in India estimated at USD 38.2 billion in 2024

India is the 9th largest travel market in the world for business travel spending. It is the 4th largest market for the Asia Pacific region, representing 5.7 per cent of business travel spending in the region. In 2023, India’s business travel spending grew 24.7 per cent and we anticipate an 18.3 per cent increase in spending in 2024. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/XciyWHK via IFTTT

IntrCity secures over INR 37 crore in Series C Funding, led by Mirabalis Investment Trust

Following the achievement of EBITDA profitability, IntrCity plans to strategically deploy the newly acquired funds to bolster its product offerings, drive accelerated user acquisition, and expand its presence along key routes, catering to the evolving needs of its expanding traveler base. In 2024, IntrCity marked a profitable year, expanding its footprint in partnership with nearly 30 bus operators across the country. from Travel News | Latest Travel Sector Updates: ET TravelWorld : ETTravelWorld.com https://ift.tt/0bgZjr9 via IFTTT